MN Releases November Budget and Forecast

Published December 6, 2018

The Minnesota Management and Budget office released the 2018 November Budget and Economic Forecast. The state’s outlook remains sound, despite slower growth through the budget horizon. An estimated $1.54 billion balance is available for the 2020-2021 biennial budget. Improvements to the current biennium add $491 million to the budget reserve, which now totals $2.075 billion.